Generative AI is making it easier to produce more content and harder to keep track of it. As videos, recordings, and documents accumulate, Adobe, Apple, Google, and a growing number of startups are using AI to make those files searchable. It is not yet clear whether that will support a new category of standalone software or become a standard feature of products people already use.
Clipto is betting there is room for a separate product. The San Francisco-headquartered startup, which also has teams in Singapore and Hong Kong, has raised $15 million in an all-equity round at a $250 million post-money valuation. The investors include HSG, formerly Sequoia China, GL Ventures, EnvisionX Capital, Palm Drive Capital, Hans Tung, Lu Zhang, and 522 Ventures.
